Linkers Industries Limited (NASDAQ:LNKS – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 5,306 shares, a decrease of 83.9% from the September 15th total of 33,016 shares. Based on an average daily trading volume, of 13,434 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are sold short.
Linkers Industries Price Performance
Linkers Industries stock traded up $0.11 during mid-day trading on Friday, reaching $0.95. 2,513,460 shares of the company were exchanged, compared to its average volume of 16,812. The company has a fifty day simple moving average of $0.97 and a 200-day simple moving average of $1.78. Linkers Industries has a 12 month low of $0.76 and a 12 month high of $420.00.
Linkers Industries (NASDAQ:LNKS – Get Free Report) last released its earnings results on Thursday, October 8th. The company reported $4.84 earnings per share for the quarter. The company had revenue of $1.41 million for the quarter.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on Linkers Industries
About Linkers Industries
Linkers Industries Ltd. is a holding company, which engages in the business of manufacturing, supplying, and selling connectors, assemblies, wire, and cable harnesses. It operates through the following geographical segments: Thailand, Malaysia, Switzerland, the United States of America, and Others. The company was founded on December 8, 2022 and is headquartered in Sungai Petani, Malaysia.
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